Chairman and former CEO · Paychex, Inc. (PAYX)

Martin Mucci

A named executive officer of Paychex in every fiscal year CompBrief holds from FY2016 to FY2023. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2023

$14,442,172

FY2021: $9,627,247

5 named officers on file for Paychex, FY2023

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What this number hides

The filing gives the total. Paychex’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed September 1, 2023 (DEF 14A). Insider transactions since that proxy, current to 2026-11-10.

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Martin Mucci compensation by year

Paychex Summary Compensation Table · all 7 fiscal years held
In US dollars, as Paychex reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2016FY2017FY2018FY2019FY2020FY2021FY2023
Salary$900,000$943,846$950,000$950,000$992,885$898,462$454,808
Bonus$0$0$0$0$0$0$0
Stock awards$2,598,024$4,375,193$3,294,113$3,665,020$4,397,940$3,952,973$10,441,146
Option awards$1,069,161$2,342,781$1,372,685$1,582,257$1,891,759$2,640,232$3,393,468
Non-equity incentive$1,203,210$906,680$1,106,750$1,716,175$768,800$2,117,565$0
Pension and deferred compensation$0$0$0$0$0$0$0
All other$12,000$12,000$12,616$17,068$17,333$18,015$152,750
Total$5,782,395$8,580,500$6,736,164$7,930,520$8,068,717$9,627,247$14,442,172

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Paychex, Inc. DEF 14A filed September 1, 2023, accession 0001193125-23-226898, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Paychex, Inc. filed document, accession 0001193125-23-226898. Every figure is read from that document and cited to the page and table it appears in. Filed September 1, 2023.

$5.8M
$8.6M
$6.7M
$7.9M
$8.1M
$9.6M
$14.4M
FY16
FY17
FY18
FY19
FY20
FY21
FY23
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2023 year-end
TypeUnvested unitsValue at year-endExercise price
RSU76,597$8,037,271—
Option3,299—$109.19
Option65,143—$73.53
Option72,057—$112.67

Per the Outstanding Equity Awards at Fiscal Year-End table in Paychex, Inc.'s FY2023 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

20 Form 4 lines since the FY2023 proxy (filed September 1, 2023)
current to 2026-11-10 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-10-15Grant or award—1,137$0.00436,028.33
2026-10-15Grant or award derivative—4,735$110.784,735
2026-07-17Gift—9,309$113.98434,891.33
2026-07-14Sale—25,000$109.93444,200.33
2026-07-14Exercise or conversion derivative—214,482$0.000
2026-07-14Exercise or conversion—214,482$57.24632,529.33
2026-07-14Tax withholding—163,329$109.92469,200.33
2025-12-23Gift—8,277$114.36418,047.33

The 8 most recent of 20 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments Paychex discloses, by trigger · FY2023
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Retirement—$5,130,383$0$5,130,383

Per the Potential Payments Upon Termination or Change in Control table in Paychex, Inc.'s FY2023 proxy. Estimates as the company printed them; a dash means it printed no figure.

Paychex’s named executive officers, FY2023

as the company reported each
Named executive officerRoleFY2023 total
John GibsonPresident and CEO$10,274,543
Robert SchraderSVP and CFO$3,359,326
Adam AnteSVP of HCM$2,827,765
Ryan BergstromChief Product and Technology Officer$2,785,790
Chad ParodiSVP of HR & Benefits Services$2,455,364

Board service

Paychex board · FY2021–FY2026
Director compensation in US dollars, as Paychex reports it. Most recent year first; a dash means the company reported no figure in that column.
Fiscal yearCash feesStock awardsOption awardsOtherTotal
FY2026$195,000$136,322$136,251$0$467,573
FY2025$195,000$108,980$108,992$0$412,972
FY2024$195,000$109,016$108,990—$413,006
FY2023$0$0$0$0—
FY2021—————

Each year as the company reported it in Paychex's director compensation table. Totals are the company's own disclosed totals.

How this board is paid

Company policy: Paychex pays directors a $95,000 cash retainer and $185,000 in RSUs/Options. As stated in Paychex's FY2026 proxy.

Committees

Executive (Chair)

Martin Mucci's compensation dossier, Paychex

You have read Martin Mucci's totals and holdings. The dossier adds each equity grant Paychex disclosed for Martin Mucci and Paychex's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full Paychex compensation record

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This page is one person within Paychex's record. The company brief lists every named executive, each linking to their own page.

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Paychex's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Martin Mucci's compensation dossier